Passez à l'illimité avec Magzter GOLD
Obtenez un accès illimité à plus de 9 000 magazines, journaux et articles Premium pour seulement
Essayer OR - Gratuit
Wipro gets back into the game
Mint Chennai
|January 21, 2025
In top form Wipro's operating margin hit a multi-quarter high in Q3FY25 despite wage hikes.
Wipro Ltd's investors are elated. The stock surged 6.5% on Monday following its better-than-anticipated result in a seasonally weak December quarter (Q3FY25).
The enthusiasm among investors is understood, considering the earnings pain Wipro has been through due to increased weakness in its discretionary portfolio and company-specific challenges. This had kept the Wipro stock on the backfoot compared to peers lately.
Sequential constant currency (CC) revenue for IT services in Q3 grew 0.1%, beating the consensus estimate of -0.5%. "Wipro Q3 performance was an inflection of sorts. Revenues topped the upper end of its guide (-2-0%), a first in over 12 quarters," said JM Financial Institutional Securities on 17 January.
Cette histoire est tirée de l'édition January 21, 2025 de Mint Chennai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Chennai
Mint Chennai
Apple to raise prices on its products due to memory chip crunch, Tim Cook says
Cook, however, declined to offer details on the timing or scale of the planned price increases
4 mins
June 19, 2026
Mint Chennai
Sebi eyes margin trading overhaul
The Securities and Exchange Board of India (Sebi) has proposed a revamp of rules governing the margin trading facility (MTF), including changes to the margin framework, to better regulate the rapidly growing segment.
1 min
June 19, 2026
Mint Chennai
HPCL restarts key crude unit after fire
Hindustan Petroleum Corp. Ltd (HPCL) on Thursday said its joint venture refinery in Rajasthan has restarted its crude distillation unit (CDU) after completing restoration work following a localised fire in April, paving the way for a phased ramp-up of fuel production.
1 min
June 19, 2026
Mint Chennai
SBI board clears ₹60,000 cr debt raise
The board of State Bank of India, the country’s largest lender, has approved a plan to raise up to ₹60,000 crore in FY27 through various debt instruments, including Basel III-compliant bonds, to support business growth and strengthen its capital base, the bank said in an exchange filing on Thursday.
1 min
June 19, 2026
Mint Chennai
The US versus Iran: has economic warfare won?
Military force was trumped by an energy clamp, as the MoU both signed this week suggests. Now Tehran should take care not to turn peace into a pill too bitter for America to swallow
2 mins
June 19, 2026
Mint Chennai
NSE IPO set to mint outsized gains for early investors
Shareholders selling equity in the National Stock Exchange of India Ltd (NSE) public offer are set to bag up to thousand-fold returns on their average investment costs once the exchange gets listed.
2 mins
June 19, 2026
Mint Chennai
Restrictions on fuel may ease as Iran peace deal raises hope
\"The 200-litre cap has mostly impacted agriculture demand. Sales at Kisan Seva Kendras have been hit. The restriction needs to be eased,” said Monty Sehgal, spokesperson for the Petrol Pump Dealers Association Punjab, which represents around 4,000 fuel stations.
2 mins
June 19, 2026
Mint Chennai
Auto majors scale AI via IT arms, global partnerships
Tata Motors and M&M are scaling AI adoption in manufacturing, sales and technology
2 mins
June 19, 2026
Mint Chennai
Net direct tax mop-up at ₹5.21 tn, rises 14.6%
Net direct tax collections rose 14.64% year-on-year to ₹5.21 trillion as of 17 June, outpacing the government's full-year budgeted growth and signalling a strong start to fiscal 2027.
1 min
June 19, 2026
Mint Chennai
Cooling volumes fail to slow down behemoth's tech spend
National Stock Exchange of India Ltd (NSE) has finally taken the first step towards a public listing.
2 mins
June 19, 2026
Listen
Translate
Change font size